smallticket

Smallticket is an insurtech startup based in Korea South that offers a digital insurance brokerage platform. The company differentiates itself by providing customized policies and services to micro-segmented groups, catering to their rapidly changing lifestyles. In addition to its core services, Smallticket has been proactive in expanding its verticals, with a focus on markets such as pet insurance and Mobility as a Service. The company has gained recognition and support, being selected as a sandbox program participant by the Korean Financial Services Commission.

Smallticket's journey has been marked by significant milestones, including the launch of Petping, a pet health care reward platform, in January 2021, and the introduction of on-demand hourly charged commercial bike insurance in collaboration with Baemin and KB Insurance in November 2019. Moreover, the company has been the exclusive sales agent of Hanwha General Pet Insurance. Smallticket's achievements have been acknowledged on a global scale, with its participation in Startupbootcamp FinTech Singapore 2017.

With its latest investment being a Seed Round led by Lifeplanet on 15th February 2023, Smallticket is primed to further its innovative approach to insurance distribution and solidify its position in the market.